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THOUGHT FOR THE DAY!

"It's a hard decision, but we think the price ... is worth it."-- Secretary of State Madelaine Albright talking about Iraqi children starving and dying as a result of the US embargo of food and medicine

 

U.S. Dollar Currency Collapse Within 30 Days

My reaction: I am certain the US is less than a month away from a currency collapse. The fed and treasury are not even taking the time to think at this point: they are just throwing money and guarantees at each new problem that pops up without worrying about the consequence. Since no one can imagine a currency collapse, there isn't the political will to take the painful steps needed to prevent it (reign in fed and let institutions fail). The forces and trends behind the financial collapse are too powerful to stop.

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Comments

The Washington DC Holocaust Museum ...

Easterling

Is right next door to the US Mint. Heh!

LIVE FREE OR DIE

I AM CONFUSED

dragline190d

How can any nation print trillions of dollars in counterfeit money and have the currency get stronger? This seems to go against all past models in modern history as I know it?

Can anyone here provide any explanation?

RE: I am confused I think

lvillas

RE: I am confused

I think meltdown101 explains it very well (link below) All currency is crashing but everyone is running home to Mama (the US dollar) because that is all they know and it is what everyone mainly trades in, but it won't last.

The flight to the dollar. Why and for how long?
http://meltdown101.livejournal.com/9769.html

Merry Christmas! And a happy

lvillas

Merry Christmas! And a happy New Year!